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PEP Screening Specialist Opens Office In Asia Pacific Region

Datanomic : 10 June, 2010  (Company News)
Datanomic's head office Asia Pacific is now located in Singapore with the Enterprising Screening company consolidating its marketing position in the region with further offices in Thailand, Hong Kong, Malaysia and Austrialia
Enterprise Screening and Data Management specialists, Datanomic has announced the opening of its first Asia Pacific office in Singapore, with satellite offices in Thailand, Australia, Malaysia and Hong Kong. The expansion is in direct response to growing global demand for the company's flagship dn:Director enterprise portfolio, including its award-winning dn:Director for Sanctions & PEP (Politically Exposed Persons) Screening software.

The news closely follows the company's US incorporation of Datanomic, with offices in New York City, New York. The Asia Pacific expansion is part of the company's strategic growth plans, and further cements Datanomic's reputation as a leading provider of collaborative data management and compliance screening solutions for the global enterprise.

The AsiaPac team will be spearheaded by Tim McElwee, Vice President of Asia Pacific Sales for Datanomic. An industry veteran with 20 years' experience in the technology arena, Tim has a proven track record of developing successful sales organisations, channels, and partnerships in multiple industries across global markets.

Dr Jonathan Pell, CEO, Datanomic, commented, "We've witnessed huge demand over the last 12 months since we started our global expansion, and I am delighted to be announcing the opening of our Asia Pacific office. The commercial imperative of accurate Single Views of data, and the regulatory requirement for improved compliance and screening have driven interest in our solutions. Global companies are particularly feeling the burden of poor data governance, ultimately resulting in tremendous, unnecessary investments in time, operational costs and risk of compliance failures. Fortunately for CIOs and Heads of Business in AsiaPac, Datanomic offers a complimentary QuickStats Workshop on a sample of their enterprise data, to obtain insight into the commercial benefits they could achieve by remediating data issues with dn:Director."

Datanomic's solutions already have a strong global footprint. Its Sanctions & PEP Screening software is being used to screen in excess of five billion client records every month, in more than 100 countries. The solution is the de facto standard for risk and compliance screening for the UK financial services sector, with several of the top ten global Retail Banks, half of the UK's top ten Wealth/Asset Managers, one of the London Stock Exchange's oldest stockbroking firms, and some of the UK's largest Insurance companies all using its technology.
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